Final Goods And Services

Final goods and services in Global Commerce Policy

In this regard, final goods and services is: goods and services bought by end-users. They are not used in any further production process. This distinguishes them from intermediate goods and services. The distinction depends entirely on who buys them. The entries on trade policy are here. A teapot bought for use at home is a final product, but teapots bought by hotels for the provision of breakfast tea are clearly an intermediate good for the provision of a final service.[1]

Final goods and servicesin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Final goods and services” entry (OAS)

See Also